The post Polymarket Airdrop Farmers Have Become ‘More Sophisticated’ as Token Launch Looms appeared on BitcoinEthereumNews.com. In brief Traders on Polymarket are anticipating a potential token launch, and some users are looking to farm it. Last year, airdrop farming was visibly rampant, with many users engaging in obvious wash trading methods. Now, however, the wash trading has gotten more sophisticated while other farmers are just optimizing their use of the prediction market. Users attempting to farm a potential Polymarket airdrop have upped their operations in an attempt to make it harder for the prediction market to exclude them. It follows recent Decrypt reporting that Polymarket plans to release a crypto token once it has regained a foothold in the United States—likely in 2026. Last year, as many users anticipated that a token launch would follow the U.S. election, farmers bought and sold large positions to artificially inflate their volume. They did so in an effort to position themselves for a larger allocation of a future token airdrop, which are often designed to reward a crypto protocol’s most active and fervent users. This method was extremely easy to spot and annoying for normal users, as it clogged the activity feed—so much so that pseudonymous Polymarket whale Fhantom Bets said he’d personally report them. Now, both Fhantom Bets and notable Polymarket user CSP Trading told Decrypt they believe farmers may have gotten “more sophisticated” in their efforts, as that previous pattern has mostly disappeared. “Before, it was pretty obvious. They’d do huge $50,000 block buys against themselves—that was pretty obviously unsophisticated wash trading,” CSPTrading told Decrypt. “I don’t really see that for the sports markets that I’m market making; that’s the only reason I think they’ve gotten ‘more sophisticated,’ or given up.” Fhantom Bets agreed that airdrop farming on Polymarket appears less rampant than it was last year, but is certain that people are still doing it. Previously,… The post Polymarket Airdrop Farmers Have Become ‘More Sophisticated’ as Token Launch Looms appeared on BitcoinEthereumNews.com. In brief Traders on Polymarket are anticipating a potential token launch, and some users are looking to farm it. Last year, airdrop farming was visibly rampant, with many users engaging in obvious wash trading methods. Now, however, the wash trading has gotten more sophisticated while other farmers are just optimizing their use of the prediction market. Users attempting to farm a potential Polymarket airdrop have upped their operations in an attempt to make it harder for the prediction market to exclude them. It follows recent Decrypt reporting that Polymarket plans to release a crypto token once it has regained a foothold in the United States—likely in 2026. Last year, as many users anticipated that a token launch would follow the U.S. election, farmers bought and sold large positions to artificially inflate their volume. They did so in an effort to position themselves for a larger allocation of a future token airdrop, which are often designed to reward a crypto protocol’s most active and fervent users. This method was extremely easy to spot and annoying for normal users, as it clogged the activity feed—so much so that pseudonymous Polymarket whale Fhantom Bets said he’d personally report them. Now, both Fhantom Bets and notable Polymarket user CSP Trading told Decrypt they believe farmers may have gotten “more sophisticated” in their efforts, as that previous pattern has mostly disappeared. “Before, it was pretty obvious. They’d do huge $50,000 block buys against themselves—that was pretty obviously unsophisticated wash trading,” CSPTrading told Decrypt. “I don’t really see that for the sports markets that I’m market making; that’s the only reason I think they’ve gotten ‘more sophisticated,’ or given up.” Fhantom Bets agreed that airdrop farming on Polymarket appears less rampant than it was last year, but is certain that people are still doing it. Previously,…

Polymarket Airdrop Farmers Have Become ‘More Sophisticated’ as Token Launch Looms

2025/10/21 12:45

In brief

  • Traders on Polymarket are anticipating a potential token launch, and some users are looking to farm it.
  • Last year, airdrop farming was visibly rampant, with many users engaging in obvious wash trading methods.
  • Now, however, the wash trading has gotten more sophisticated while other farmers are just optimizing their use of the prediction market.

Users attempting to farm a potential Polymarket airdrop have upped their operations in an attempt to make it harder for the prediction market to exclude them. It follows recent Decrypt reporting that Polymarket plans to release a crypto token once it has regained a foothold in the United States—likely in 2026.

Last year, as many users anticipated that a token launch would follow the U.S. election, farmers bought and sold large positions to artificially inflate their volume. They did so in an effort to position themselves for a larger allocation of a future token airdrop, which are often designed to reward a crypto protocol’s most active and fervent users.

This method was extremely easy to spot and annoying for normal users, as it clogged the activity feed—so much so that pseudonymous Polymarket whale Fhantom Bets said he’d personally report them.

Now, both Fhantom Bets and notable Polymarket user CSP Trading told Decrypt they believe farmers may have gotten “more sophisticated” in their efforts, as that previous pattern has mostly disappeared.

“Before, it was pretty obvious. They’d do huge $50,000 block buys against themselves—that was pretty obviously unsophisticated wash trading,” CSPTrading told Decrypt. “I don’t really see that for the sports markets that I’m market making; that’s the only reason I think they’ve gotten ‘more sophisticated,’ or given up.”

Fhantom Bets agreed that airdrop farming on Polymarket appears less rampant than it was last year, but is certain that people are still doing it. Previously, he said, wash traders were easily spotted as they often bought and sold shares of markets between two accounts.

Now, he speculates, wash traders are doing so with over 100 wallets to prevent this from being an outlier statistic. Fhantom Bets is now working on a project to identify these wash traders.

A pseudonymous trader known as Shady told Decrypt that they are farming the airdrop, but their method for doing so doesn’t require wash trading. Instead, they’ve identified four criteria they believe will be considered for the airdrop: volume, profit, providing liquidity, and the number of markets a user trades. 

“I think [the airdrop] is likely to be tiered or follow a logarithmic curve, as a ton of the volume and liquidity rewards are done by such a small percentage of their users,” Shady told Decrypt. “There are some users and bots that will trade eight figures in volume per month, while the average user is probably not even doing six figures in volume. If they rewarded people linearly based on volume, it would create a distribution heavily skewed towards the top.”

As a result, Shady has simply used the prediction market in a way that optimizes his exposure to these potential criteria.

CSP Trading told Decrypt he is fine if a user like this is rewarded in an airdrop. Fhantom Bets jokingly said he would hate to see anyone make money other than himself and his friends.

Predictors on Myriad now believe there is a less than 15% chance that a Polymarket token will be announced this year, down from 16.4% a week ago. Sources told Decrypt that even if it were announced this year, it’s likely that the token won’t be launched until next year as the platform looks to re-enter the U.S. market—after it was effectively banned in 2022.

(Disclosure: Myriad is developed by Decrypt’s parent company, DASTAN.)

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/344895/polymarket-airdrop-farmers-become-more-sophisticated-token-looms

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
2025/09/18 01:10
BitMine’s $11B Ethereum Bet — Smart Move or Risky Gamble Before the Next Bull Run?

BitMine’s $11B Ethereum Bet — Smart Move or Risky Gamble Before the Next Bull Run?

BitMine's massive $11 billion investment in Ethereum has raised eyebrows in the crypto world. As the market eagerly awaits the next bull run, this bold move has sparked debates and curiosity. Is it a clever strategy or a high-stakes risk? Explore which coins are poised for growth in this fluctuating landscape. Ethereum Poised for Growth Amid Steady Movement Source: tradingview  Ethereum's price is steady, moving between approximately $4335 and $4825. The crypto giant is showing promise, with a week's growth of over four percent. This follows a half-year surge of nearly 127 percent. Although the current pace is slower, the potential for breaking above the $5040 resistance level is strong. If it breaches this point, Ethereum could aim for the next resistance at $5530. Such a move would be a noticeable increase from today's range, suggesting this crypto could continue its climb. The market indicators point to a balanced phase, meaning Ethereum might be setting the stage for further growth. Keep an eye on those key levels! Conclusion BitMine’s move has sparked debate. If ETH rises, the valuation could be substantial. However, market trends can change quickly. Timing and strategy will be key. BitMine’s decision shows confidence in ETH, but only time will tell if it pays off. The sector awaits the next market movement with interest. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Share
2025/09/18 00:44